What is a Next Millennium Credit Card?

The Next Millennium credit card is a store card that can only be used at MyUniqueOutlet.com, which sells electronics, furniture, office supplies, health and beauty products, clothing, accessories and more. The Next Millennium card advertises guaranteed credit lines of $1,000, with no credit check when you apply and no interest on purchases. But there is a $29.95 signup fee, unless you choose a $500 credit line. There’s also a $19.95 monthly fee just to use the card. And the Next Millennium credit card does not report to the credit bureaus, so it won’t help with credit-building.

So the main customer base would be people who shop frequently on My Unique Outlet and have bad credit. But the card is incredibly expensive, costing around $240 per year for little in return. Plus, don’t think no interest means no payment. There’s a $10 late fee for anyone who doesn’t make the minimum monthly payment: $25 or 15% of the balance, whichever is higher (or the entire balance if it’s below $25).

Info on the Next Millennium Credit Card:

Where it can be used: MyUniqueOutlet.com only.

Credit required: There is no credit check, so even people with very bad credit can qualify.

Even people who are frequent customers of MyUniqueOutlet.com and have bad credit probably shouldn’t consider the Next Millennium Credit Card. There’s no reason to pay almost $240 per year for a store card that doesn’t give rewards and won’t help you build credit. There are much better options.

For example, the Discover it Secured card is available to people with bad credit, has a $0 annual fee and gives 1%-2% cash back on purchases. For people worried about approval odds, the OpenSky Secured Visa doesn’t do a credit check (but does report to the credit bureaus monthly). It has a $35 annual fee.

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WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.

WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.

Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.